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The Latest Breaking News from Darren Jones

Jittery markets hold their nerve on Budget £32b borrowing as minister reassures: We've all got PTSD from Truss

Chief Secretary to the Treasury Darren said on borrowing the Government does not ‘think that we are pushing it to the limit’

Evening Standard

Head of government’s new value for money office ‘to be paid £950 a day’

David Goldstone to advise chancellor and chief secretary to the Treasury on ways to cut public spending

The Guardian - UK

Treasury chief secretary and Newsnight’s Victoria Derbyshire in heated Budget tax hike clash

Treasury chief secretary Darren Jones had a heated clash with BBC Newsnight's Victoria Derbyshire over Labour's tax hikes in the Budget on Wednesday, 31 October.

The Independent UK

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Hoyle rebukes Chancellor Rachel Reeves over ‘premature disclosure’ of Budget

Ms Reeves has signalled she will rewrite the way Government debt is measured.

Evening Standard

Lindsay Hoyle criticises chancellor Rachel Reeves for early disclosure of budget details – UK politics live

Speaker of the House of Commons says it is ‘evident’ Reeves made significant policy announcements in the media, rather than parliament

The Guardian - UK

Treasury installs ‘guard rails’ to avoid Liz Truss-style budget meltdown

Rachel Reeves is to seek advice from City experts to ensure big projects’ value for money and reassure markets

The Guardian - UK

Budget 2024: Rayner and Reeves in standoff over funds for social housebuilding

Exclusive: Housing secretary wants billions more to meet new-homes target but chancellor is set to limit spending

The Guardian - UK

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The £40bn question: How will Rachel Reeves balance the books?

Chancellor boosted by a surprise drop in inflation after the cabinet is warned she may need to find £40bn in taxes and borrowing in her Budget, dwarfing previous estimates of the fiscal ‘black hole’

The Independent UK

No 10 rejects claim Labour misled voters about tax plans in manifesto – as it happened

Labour set out plans to raise taxes by £7.3bn in its manifesto – but Treasury briefing suggests £40bn in tax rises and spending cuts needed

The Guardian - UK

How Labour promises have left Rachel Reeves with a giant budget headache

Frustration grows with chancellor locked away in Treasury and facing competing challenges for her historic speech

The Guardian - UK

Starmer steps into cabinet row over P&O to rescue global summit in London

The PM has backed transport secretary Louise Haigh after she called ferry firm a ‘rogue operator’, threatening investment summit

The Guardian - UK

UK must prepare for widespread road pricing, says infrastructure tsar

Sir John Armitt says charging per mile ‘inevitable’ as move to electric vehicles creates £35bn shortfall in tax revenues

The Guardian - UK

Treasury asking ministers to draw up billions of pounds of infrastructure cuts

Exclusive: departments asked to model cuts of up to 10% despite Rachel Reeves’ vow to invest in growth

The Guardian - UK

Government borrowing surges to higher than expected £3.1bn as Reeves under pressure to raise taxes

The Office for National Statistics (ONS) said public sector net borrowing stood at £3.1bn last month, £1.8bn more than a year ago and the highest July borrowing since 2021

The Independent UK

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The Guardian - UK

Economists predict higher taxes and borrowing after UK deficit overshoots forecasts – as it happened

Tough budget looms after UK deficit hits £3.1bn in July – ahead of City forecasts of £1.5bn, and soaring over OBR forecast of £100m

The Guardian - UK

Labour ‘putting rail passengers first’, says minister as she blames Tories for prolonging strikes – as it happened

Louise Haigh says she hopes three-year pay deal offered to train drivers will resolve strikes

The National (Scotland)

Inflation rises for first time this year after months of steady decline

INFLATION has risen for the first time this year following months of steady decline ...

The National (Scotland)

Rachel Reeves set to make 'tough decisions' on welfare spending

UK ministers have been ordered to search for cost-cutting reforms as the Chancellor plans to take “tough decisions” on welfare and spending...

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The Conversation

Why Rachel Reeves can’t seem to make her ‘£22bn black hole’ narrative convincing

Rachel Reeves had hardly stepped down from the dispatch box to make her first big statement as chancellor of the exchequer before facing a furious backlash. She had claimed to have discovered a £22bn hole in public finances upon taking office and was using it to explain why the new…

The National (Scotland)

Labour bosses' words back to haunt them after cutting Winter Fuel Payment

LABOUR need to remember that the things they said in opposition haven't been forgotten now they're in power ...

The National (Scotland)

'Plainly wrong': Ian Murray accused of 'lie' about SNP minister amid austerity row

AN SNP MSP has accused the Scottish Secretary of choosing “to lie on air” amid a row over an apparently false statement about the SNP Finance…

The Guardian - UK

Labour says higher-than-forecast UK borrowing shows economic challenge ahead

Treasury says it has received worst postwar inheritance as figures reveal £14.5bn deficit in June

The Guardian - UK

Rachel Reeves says new government has inherited ‘worst set of circumstances since second world war’ – as it happened

New chancellor says she will make statement to MPs before summer recess about financial situation as she says UK economy has been ‘held back’

The Independent UK

Inside the betting scandal-hit constituencies where Tories and Labour have withdrawn support for candidates

The Tories and Labour both withdrew support for candidates being investigated by the Gambling Commission – The Independent speaks to local party supporters who had been campaigning for them, and to voters

The Guardian - UK

Is there truth in Rishi Sunak’s net zero attack on Labour?

The PM trumpeted ‘a recording … admitting that their plans will cost hundreds of billions’. Was it fair to do so?

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